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US: Family Dollar rejects Dollar General proposal
Thu, 21 Aug 2014 15:41:00 GMT


Family Dollar Stores has rejected a non-binding acquisition proposal by Dollar General on the basis of antitrust regulatory considerations.
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US: Crocs promotes Poole to global merchandising role
Thu, 21 Aug 2014 16:13:00 GMT


Footwear business Crocs has promoted product merchant leader Michelle Poole to the newly created role of senior vice president of global merchandising.
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US: Operating costs driving retailers "into the red"
Thu, 21 Aug 2014 16:19:00 GMT


Accelerated selling, general and administrative (SG&A) spending is driving retailers into the red, one analyst has said, and could become a key theme over the near term.
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US: The Buckle Q2 earnings slide
Thu, 21 Aug 2014 14:41:00 GMT


Teen fashion retailer The Buckle has booked a drop in earnings in the second quarter.
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US: Cato Corp reaffirms guidance as Q2 earnings grow
Thu, 21 Aug 2014 14:51:00 GMT


Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.
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US: Stein Mart Q2 earnings slide on costs
Thu, 21 Aug 2014 15:13:00 GMT


Off-price fashion retailer Stein Mart said it has a number of important initiatives in place to grow its bottom line as it revealed a drop in second-quarter earnings.
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UK: Clothing drives July retail sales gain
Thu, 21 Aug 2014 14:59:00 GMT


Sales at UK clothing retailers "continued its good run" in July, driven by promotions and helping to lift overall retail sales.
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AUSTRIA: Lenzing cost cutting fails to stem H1 declines
Thu, 21 Aug 2014 12:14:00 GMT


Cellulose fibre producer Lenzing Group has said its cost reduction programme initiated last year was only partly able to offset a decline in sales and earnings in its first-half.
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US: Bon-Ton Stores narrows Q2 loss
Thu, 21 Aug 2014 13:03:00 GMT


US department store retailer The Bon-Ton Stores has narrowed its net loss slightly in the second quarter.
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AUSTRALIA: Billabong sells online surfwear assets
Thu, 21 Aug 2014 12:04:00 GMT


Australian surfwear brand Billabong has sold its online surfwear assets as it moves to a direct-to-consumer omni-channel model across its global operations.
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US: L Brands Q2 earnings beat estimates
Thu, 21 Aug 2014 09:43:00 GMT


L Brands, formerly Limited Brands, has reported second-quarter earnings above analyst consensus and a 6% increase in revenues.
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HONG KONG: Global Brands H1 net loss widens on costs
Thu, 21 Aug 2014 11:23:00 GMT


Fashion apparel, footwear, and accessories business Global Brands Group has widened its net loss in the first half as a result of increased investment in new brand additions.
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HONG KONG: Li & Fung reports "solid" H1
Thu, 21 Aug 2014 11:01:00 GMT


Global sourcing firm Li & Fung reported "solid" results in the first half, against a mixed economic landscape, with growth in both sales and earnings.
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SWEDEN: Tough market conditions hit Björn Borg Q2 profit
Wed, 20 Aug 2014 10:08:00 GMT


Tough market conditions, particularly in larger markets, weighed on earnings for Swedish underwear brand Björn Borg in the second quarter.
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GERMANY: Karstadt interim CEO Weitz steps down
Wed, 20 Aug 2014 13:45:00 GMT


Kai-Uwe Weitz, the interim CEO of German department store Karstadt, has stepped down after just over a month in the role.
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CANADA: Costs push Sears Canada to Q2 net loss
Wed, 20 Aug 2014 14:23:00 GMT


Retailer Sears Canada has moved to a net loss in its second-quarter due to expenses related to severance costs and impairment charges.
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US: Citi Trends narrows Q2 net loss
Wed, 20 Aug 2014 14:30:00 GMT


Value fashion retailer Citi Trends has narrowed its net loss in the second quarter and revealed growing sales.
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US: Target Corp sees "early signs of progress" in Q2
Wed, 20 Aug 2014 14:43:00 GMT


US retailer Target Corp said it is seeing some early signs of progress, despite second-quarter results having not met its expectations.
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US: Analysts upbeat on American Eagle Q2
Wed, 20 Aug 2014 15:15:00 GMT


American Eagle Outfitters has revealed what analysts believe is a "good report in a difficult environment".
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BANGLADESH: Accord and Alliance discord over inspections
Wed, 20 Aug 2014 15:11:00 GMT


The Accord on Fire and Building Safety in Bangladesh has said it will not accept inspection reports produced under the direction of third party auditors of the Alliance, and will inspect the factories themselves.
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US: PLM software to support Sunrise Brand's growth
Wed, 20 Aug 2014 11:37:00 GMT


Sunrise Brands has selected Centric Software's product lifecycle management (PLM) software solution to support the growth of its private-label business.
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HONG KONG: Alvanon launches 'product fit' workshop series
Wed, 20 Aug 2014 12:16:00 GMT


Fit specialist Alvanon has launched its Professional Development Series (PDS) workshops in Hong Kong, designed to offer "world class insight" into best product development and apparel fit practices.
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US: RLM adds financial tool to FashionManager software
Wed, 20 Aug 2014 12:31:00 GMT


RLM Apparel Software Systems has added a financial reporting tool feature to its FashionManager enterprise software solution, designed to save company's time and cost.
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WORLD: Digitally printed textiles output set for growth?
Tue, 19 Aug 2014 17:34:00 GMT


Worldwide output of digitally printed textiles is growing at an annual rate of 25% thanks to its advantages over screen printing, and has scope to grow even further, a new report suggests.
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US: RevoLaze files patent lawsuit against denim firms
Wed, 20 Aug 2014 12:01:00 GMT


Lazer technology firm RevoLaze has filed a complaint with the US International Trade Commission (ITC) against 17 denim jean companies for patent infringement.
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SOURCING: Cambodia's future outsourcing prospects uncertain
Tue, 19 Aug 2014 17:29:00 GMT


If Cambodia's US$5.5bn garment industry is not at a crossroads, it is approaching one, according to participants at an industry trade show held in Phnom Penh over the weekend.
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SWITZ: Charles Vögele posts improved H1 loss
Tue, 19 Aug 2014 11:38:00 GMT


European fashion retailer Charles Vögele Group has reported an improved net loss and gross margin in the first half as the firm's turnaround measure begin to take hold.
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UK: Factory gate prices fall despite apparel growth
Tue, 19 Aug 2014 12:36:00 GMT


The output price index for goods produced by UK manufacturers - also known as factory gate prices - fell 0.1% in the year to July, despite a rise in apparel prices.
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US: Former Aeropostale CEO Geiger returns to role
Tue, 19 Aug 2014 09:52:00 GMT


Julian Geiger, the former CEO of teen apparel retailer Aeropostale has rejoined the company with immediate effect.
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US: Golf unit weighs on Dick's Sporting Q2 profit
Wed, 20 Aug 2014 10:01:00 GMT


US retailer Dick's Sporting Goods has booked a drop in second-quarter earnings as the restructuring of its golf business weighs on the business.
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SWEDEN: Tough market conditions hit Björn Borg profits
Wed, 20 Aug 2014 10:08:00 GMT


Tough market conditions, particularly in larger markets, weighed on earnings for Swedish underwear brand Björn Borg in the second quarter.
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US: Apparel boosts July consumer price growth
Wed, 20 Aug 2014 11:22:00 GMT


Apparel prices in the US grew for a third consecutive month in July, according to new figures.
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US: TJX ups FY guidance and reveals Q2 profit growth
Tue, 19 Aug 2014 15:23:00 GMT


The TJX Companies has booked an increase in second-quarter earnings and upped its EPS guidance for the full year.
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UZBEKISTAN: Call to action to US Government over forced labour
Tue, 19 Aug 2014 16:22:00 GMT


The American Apparel and Footwear Association (AAFA) is urging the US Government to persuade the ruling regime in Uzbekistan to end the government-sanctioned and orchestrated use of forced and child labour to pick cotton.
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Who has signed up to the Greenpeace Detox Campaign
Fri, 01 Aug 2014 10:55:00 GMT


In 2011, Greenpeace published its Dirty Laundry report, which found toxic chemicals in waste water discharges from two textile processing facilities in China supplying global apparel firms. Since then, the environmental pressure group has been calling on clothing brands to remove hazardous chemicals from their supply chains and products by 2020 as part of its Detox challenge.
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US: American Apparel narrows Q2 losses
Tue, 19 Aug 2014 15:08:00 GMT


American Apparel has said it expects to enter into a credit agreement "as soon as practicable" as it revealed a narrowing of its net losses in the second quarter.
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ANALYSIS: Hazardous chemical removal a key industry issue
Wed, 23 Jul 2014 15:15:00 GMT


Since Greenpeace published its Dirty Laundry report in 2011, revealing toxic chemicals in waste water discharges from two textile processing facilities in China, the environmental pressure group has been calling on apparel firms to remove these from their supply chains. While a number of companies have signed up to the group's Detox campaign, it appears there is still much more work to be done. just-style takes a look at the challenges of committing and the need for industry collaboration.
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SWITZ: Charles Vögele reports improved H1 loss
Tue, 19 Aug 2014 11:38:00 GMT


European fashion retailer Charles Vögele Group has reported an improved net loss and gross margin in the first half as the firm's turnaround measure begin to take hold.
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CAMBODIA: SGS opens textile and footwear testing laboratory
Tue, 19 Aug 2014 12:05:00 GMT


Inspection company SGS has opened a new textile testing laboratory in Phnom Penh, Cambodia.
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UK: Factory gate prices fall despite rise apparel growth
Tue, 19 Aug 2014 12:36:00 GMT


The output price index for goods produced by UK manufacturers - also known as factory gate prices - fell 0.1% in the year to July, despite a rise in apparel prices.
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US: Cotton stocks set for largest five-year carry-over
Tue, 19 Aug 2014 12:07:00 GMT


A rise in US cotton ending stocks is predicted to result in the largest carry-over since 2007-2008, according to the latest forecasts.
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CHINA: Avery Dennison forms JV with Ningbo Shenzhou Knitting
Tue, 19 Aug 2014 12:43:00 GMT


Labels and RFID provider Avery Dennison has formed a joint venture with Ningbo Shenzhou Knitting Co Ltd (Shenzhou), the largest vertically integrated knitwear manufacturer in China.
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US: Urban Outfitters brand is "on the mend"
Tue, 19 Aug 2014 09:25:00 GMT


The Urban Outfitters brand is "on the mend", analysts have said, after the lifestyle retailer revealed second-quarter earnings above consensus estimates and an increase in sales.
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SOUTH AFRICA: Cotton worker wage dispute settled
Tue, 19 Aug 2014 10:15:00 GMT


A disagreement over wages that resulted in a national three-week strike involving up to 3,000 South African cotton sector workers has been settled.
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HONG KONG: Cost discipline boosts 361 Degrees Q2 profit
Tue, 19 Aug 2014 11:15:00 GMT


Hong Kong sportswear maker 361 Degrees has booked an increase in second-quarter earnings and sales, despite the Chinese economy having decelerated to slower growth in the first half of 2014.
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US: Aeropostale former CEO Geiger returns to role
Tue, 19 Aug 2014 09:52:00 GMT


Julian Geiger, the former CEO of teen apparel retailer Aeropostale has rejoined the company with immediate effect.
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US: Dollar General makes bid for Family Dollar Stores
Tue, 19 Aug 2014 11:17:00 GMT


Dollar General has made a proposal to acquire Family Dollar Stores, in a transaction valued at $9.7bn, higher than Dollar Tree's bid for the retail group last month.
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US: Sequential closes Galaxy Brand acquisition
Mon, 18 Aug 2014 15:50:00 GMT


Brand management company Sequential Brands Group has closed its acquisition of Galaxy Brand Holdings.
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UK: High street footfall continues to fall in July
Mon, 18 Aug 2014 11:36:00 GMT


UK high streets suffered for a second consecutive month from a decline in consumer traffic in July, new figures show.
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SWITZERLAND: Oeko-Tex takes MySTeP tool to US
Mon, 18 Aug 2014 12:31:00 GMT


Oeko-Tex has introduced its new online platform that will enable brands, retailers and manufacturers to track and manage the sustainability of their supply chains to the US.
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US: Nike appointments to drive growth opportunities
Mon, 18 Aug 2014 13:00:00 GMT


Nike has announced two new appointments as the sporting goods giant looks to accelerate growth opportunities in its retail and women's businesses.
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UK: Bureau Veritas develops allergenic disperse dye testing
Mon, 18 Aug 2014 13:35:00 GMT


Compliance and quality assurance specialist Bureau Veritas has developed new testing capabilities for allergenic disperse dyes in textiles.
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US: Invista develops low impact finishing jeans
Mon, 18 Aug 2014 14:28:00 GMT


Fibre maker Invista has teamed up with Garmon Chemicals and fabric producer Candiani Denim to develop a range of jeans using low impact finishing treatments specifically designed for elastomeric fabrics.
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BANGLADESH: Accord identifies "critical findings" at Newtech complex
Mon, 18 Aug 2014 14:34:00 GMT


A case has been filed against Newtech Apparels for violating the law over what the The Accord claims are "critical findings" from a structural inspection it carried out on its complex in June.
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AFRICA: Union highlights job risks over AGOA uncertainty
Mon, 18 Aug 2014 13:58:00 GMT


Tens of thousands of jobs in the African garment sector dependent on exports to the US are at risk unless Congress addresses reauthorisation of the Africa Growth Opportunity Act (AGOA), IndustriAll global union has said.
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ANALYSIS: The potential impact of TPP on the US textile industry
Wed, 13 Aug 2014 17:50:00 GMT


There's no doubt the Trans-Pacific Partnership (TPP) agreement has the potential to be a game-changer for both the US textile and apparel industries. For the US textile sector in particular, the inclusion of Vietnam in the pact is seen as a major threat - but new research suggests there may be more to fear from Japan.
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just-style's research roundup
Mon, 18 Aug 2014 11:10:00 GMT


The latest reports from just-style's research store include a global database of the top 1,000 apparel knitting mills, a look at jeans in Colombia, and a country report on Turkey.
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US: Nike to deploy high-IQ network for enhanced flexibility
Mon, 18 Aug 2014 12:42:00 GMT


Nike is to collaborate with network innovation firm Juniper to co-create a "highly scalable" next-generation data centre cloud and retail network infrastructure that will help it elevate and accelerate innovation in its products.
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SOUTH AFRICA: Cotton textile mediation takes "major step forward"
Mon, 18 Aug 2014 11:34:00 GMT


A disagreement over wages that resulted in a national three-week strike involving up to 3,000 cotton sector workers has taken a major step forward, according to the workers' union, with an agreement close to being signed.
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UK: Dr Martens appoints Deckers exec Murray as CEO
Mon, 18 Aug 2014 11:17:00 GMT


British footwear brand Dr Martens has appointed Deckers Outdoor executive Steve Murray as its chief executive officer.
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PAKISTAN: KiK threatened with court action over compensation
Fri, 15 Aug 2014 16:55:00 GMT


The Pakistan Institute of Labour Education & Research (PILER) says it intends to file a lawsuit in the European courts against a German firm, in relation to the death of over 250 people in a fire at the Ali Enterprises garment factory in Baldia, Karachi, on 11 September 2012.
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VIETNAM: Proposes 15.1% rise to regional minimum wage
Fri, 15 Aug 2014 16:46:00 GMT


Vietnam's National Wage Council (NWC) has proposed a 15.1% increase in region-based monthly minimum wages which, if approved, will come into effect on 1 January 2015.
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US: Issues remain despite Kohl's Q2 profit climb
Thu, 14 Aug 2014 15:36:00 GMT


US department store retailer Kohl's has booked a slight increase in second-quarter profit, driven by lower costs, but analysts suggest its lack of guidance "creates suspense."
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US: Dillard's reveals "disappointing" Q2 earnings
Fri, 15 Aug 2014 15:38:00 GMT


Dillard's said it was disappointed with its bottom line performance as the department store retailer posted declining profits and weaker margins amid increased discounting.
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SUSTAINABILITY: Crystal Group nurtures its caring culture
Fri, 15 Aug 2014 16:10:00 GMT


As one of Asia's largest garment manufacturers, Hong Kong based Crystal Group believes its size and continuing growth carry additional responsibilities to "nurture our caring culture."
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IN THE MONEY: JC Penney emphasises new merchandising strategy
Fri, 15 Aug 2014 13:51:00 GMT


JC Penney has emphasised its commitment to moving back to a merchandising model marked by narrow and deep assortments, as it looks to build on the momentum created to date from its turnaround strategy.
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UK: Research predicts Christmas online retail boom
Fri, 15 Aug 2014 13:00:00 GMT


Online retail sales in the UK are set to rise by 14% in the run-up to Christmas, reaching nearly GBP4.7bn (US$7.85bn) in December, according to an industry analyst.
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SWEDEN: H&M books "solid" July sales increase
Fri, 15 Aug 2014 11:12:00 GMT


Swedish fashion giant Hennes & Mauritz H&M booked "solid" sales gain in July, driven by a favourable customer response to its merchandise.
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TURKEY: Exhibitors line up for first Texworld Istanbul
Wed, 13 Aug 2014 11:31:00 GMT


The first Texworld Istanbul event taking place later this year has generated "excellent" interest, with around 150 textile and apparel companies from ten countries set to exhibit at the trade fair in November.
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INDIA: Higher costs weigh on Vardhman Textiles Q1
Fri, 15 Aug 2014 11:32:00 GMT


Higher raw material costs combined with lower exports of cotton from India resulted in a double-digit first-quarter profit decline for Vardhman Textiles.
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UK: Asda reveals George clothing continues to do well
Fri, 15 Aug 2014 11:50:00 GMT


Supermarket retailer Asda has said its George clothing brand continues to perform well as it revealed an increase in group like-for-like sales.
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FINLAND: Marimekko H1 loss lowered on cost cuts
Fri, 15 Aug 2014 13:10:00 GMT


Finnish fashion and textile business Marimekko Group reduced its first-half net loss by half thanks to reorganisation and cost reductions in Finland and the US.
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Top stories this week on just-style...
Fri, 15 Aug 2014 13:10:00 GMT


The most-read stories on just-style this week include news that Ralph Lauren does not intend to join the Bangladesh safety pacts, the US reaffirmed its support for Myanmar but says more reforms are needed, and cotton prices are set to slip on changes to Chinese policy.
Read the full article...


US: Steve Madden buys Dolce Vita footwear for $60.3m
Fri, 15 Aug 2014 11:54:00 GMT


US fashion footwear and accessories business Steve Madden has acquired Dolce Vita Holdings, a designer and retailer of branded and private label footwear, for US$60.3m.
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US: Nordstrom Q2 profit flat after investments
Fri, 15 Aug 2014 12:54:00 GMT


Retailer Nordstrom's second-quarter profit was flat on last year despite rises in sales, thanks to a series of company investments.
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